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Finance & DevelopmentSTR: U.S. Hotel Occupancy Relatively Flat in Second Week of December

STR: U.S. Hotel Occupancy Relatively Flat in Second Week of December

HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy remained relatively flat from the previous week, according to the latest data from STR for the week of December 6-12, 2020.

U.S. Hotel Industry Performance

Dec. 6-12, 2020 vs. Dec. 8-14, 2019

 

Occupancy: 37.8% (-37.4%)
ADR: $85.88 (-31.7%)
RevPAR: $32.49 (-57.3%)

Compared to the same week last year, occupancy declined 37.4 percent year over year to a level of 37.8 percent for the week of December 6-12, 2020, while average daily rate (ADR) dropped 31.7 percent to $85.88 and revenue per available room (RevPAR) fell 57.3 percent to $32.49.

The preceding weeks saw occupancy levels at 37.4 percent for the week of November 29-December 5; 36.2 percent for the week of November 22-28; 41.2 percent for November 15-21; 43.2 percent for November 8-14; and 44.1 percent for November 1-7.

Aggregate data for the Top 25 Markets showed lower occupancy (35.6 percent) but higher ADR ($90.81) than all other markets for the week of December 6-12, 2020. Among the Top 25 Markets, Tampa/St. Petersburg, Florida, saw the highest occupancy level of 47.6 percent. Markets with the lowest occupancy levels for the week included Oahu Island, Hawaii (22.8 percent), and Minneapolis/St. Paul, Minnesota-Wisconsin (24.1 percent).

 


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